Indirect Tax Collections up 42.8% During April –December, 2010 75.7 Percent of Budget Estimates Achieved
Indirect tax collections registered a growth of 42.8 per cent during April-December, 2010 which is 75.7 per cent of the Budget Estimates for the fiscal 2010-11. With Rs. 99830 crore customs collections increased 68.1 per cent and covered 86.8 per cent of total Budget Estimates. Central excise collection was Rs. 93281 crore, registering a growth of 33.7 per cent which was 71.5 per cent of Budget Estimates for the fiscal. With 44081 crore service tax collections registered a growth of 19.2 per cent and achieved 64.8 per cent of Budget Estimates for the current financial year.
Customs, Central Excise and Service Tax Revenue (Provisional) collection during April- December, 2010 along with comparative data for the corresponding period of previous year and growth rate over previous year are given below:
(In Rs. crore)
Head |
B.E |
Revenue collection during April- December |
% growth during April- December |
% BE
achieved |
||
2010-11 |
2009-10 |
2010-11 |
2010-11 |
2009-10 |
2010-11 |
|
Customs |
115000 |
59402 |
99830 |
68.1 |
60.6 |
86.8 |
Central Excise |
130471 |
69747 |
93281 |
33.7 |
66.4 |
71.5 |
Service Tax |
68000 |
36984 |
44081 |
19.2 |
56.9 |
64.8 |
Total |
313471 |
166133 |
237192 |
42.8 |
62.0 |
75.7 |